Number of Housing Units Sample Clauses

Number of Housing Units. Developer covenants and agrees to make available, restrict occupancy to, and rent the Housing Units in Phase I to Very Low and Low Income Households, in accordance with this Section 4.1 and the Regulatory Agreement for Phase I as follows: (a) One (1) of the two (2) bedroom Housing Units in Phase I to 30% AMI Very Low Income Households at an Affordable Rent; (b) One (1) of the three (3) bedroom Housing Units in Phase I to 30% AMI Very Low Income Households at an Affordable Rent; (c) Two (2) of the two (2) bedroom Housing Units in Phase I to 40% AMI Very Low Income Households at an Affordable Rent; (d) One (1) of the three (3) bedroom Housing Units in Phase I to 40% AMI Very Low Income Households at an Affordable Rent; (e) Four (4) of the two (2) bedroom Housing Units in Phase I to 50% AMI Very Low Income Households at an Affordable Rent; (f) Two (2) of the three (3) bedroom Housing Units in Phase I to 50% AMI Very Low Income Households at an Affordable Rent; (g) Three (3) of the two (2) bedroom Housing Units in Phase I to 60% AMI Low Income Households at an Affordable Rent; (h) One (1) of the three (3) bedroom Housing Units in Phase I t to 60% AMI Low Income Households at an Affordable Rent; and (i) One (1) of the two (2) bedroom Housing Units at Phase I may be occupied by an on-site manager. The on-site manager is not required to income qualify as a low income household; provided, however, the monthly housing payment charged for the on-site manager’s Housing Unit shall not exceed the Affordable Rent that may be charged to a 60% AMI Low Income Household.
Sample 1
AutoNDA by SimpleDocs
Number of Housing Units. Developer covenants and agrees to make available, restrict occupancy to, and rent:
Sample 1
Number of Housing Units. Developer covenants and agrees to make available, restrict occupancy to, and rent the Housing Units in the Manchester Project and the Orangewood Project to Very Low and Low Income Households, in accordance with this Section 401 and the Regulatory Agreement for the applicable Project as follows:
Sample 1
Number of Housing Units. [To be revised according to final determination and interpretation of the MHP Regulations from HCD and negotiation of implementation agreement, if necessary.]
Sample 1
Number of Housing Units. Developer covenants and agrees to make available, restrict occupancy to, and rent the Housing Units in Phase II to Very Low and Low Income Households, in accordance with this Section 4.1 and the Regulatory Agreement for Phase II as follows: (a) Two (2) of the two (2) bedroom Housing Units in Phase II to 30% AMI Very Low Income Households at an Affordable Rent; (b) One (1) of the three (3) bedroom Housing Units in Phase II to 30% AMI Very Low Income Households at an Affordable Rent; (c) Two (2) of the one (1) bedroom Housing Units in Phase II to 40% AMI Very Low Income Households at an Affordable Rent; (d) One (1) of the two (2) bedroom Housing Units in Phase II to 40% AMI Very Low Income Households at an Affordable Rent; (e) Two (2) of the three (3) bedroom Housing Units in Phase II to 40% AMI Very Low Income Households at an Affordable Rent;
Sample 1

Related to Number of Housing Units

  • Number of Units The Participant is granted the number of RSUs as specified in the Participant’s account under the 0000 XXX grant, administered by Fidelity Investments or any successor thereto (“Fidelity”). A RSU is a hypothetical share of Verizon’s common stock. The value of a RSU on any given date shall be equal to the closing price of Verizon’s common stock on the New York Stock Exchange (“NYSE”) as of such date. A Dividend Equivalent Unit (“DEU”) or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon’s common stock. The amount of each DEU shall be equal to the corresponding dividend paid on a share of Verizon’s common stock. The DEU shall be converted into RSUs or fractions thereof based upon the closing price of Verizon’s common stock traded on the NYSE on the dividend payment date of each declared dividend on Verizon’s common stock, and such RSUs or fractions thereof shall be added to the Participant’s RSU balance. To the extent that Fidelity or the Company makes an error, including but not limited to an administrative error with respect to the number or value of the RSUs granted to the Participant under this Agreement, the DEUs credited to the Participant’s account or the amount of the final award payment, the Company or Fidelity specifically reserves the right to correct such error at any time and the Participant agrees that he or she shall be legally bound by any corrective action taken by the Company or Fidelity.

  • Number of Hours enter the total number of hours worked during the report period by the Employees in the employment category. Amount Payable under the Contract: enter the total amount paid by the State to the State Contractor under the Contract, for work by the Employees in the employment category, for services provided during the report period.

  • Estimated Number of Participating Households Approximately 6,460. This figure is based on loans with unpaid principal balances ranging from $200,000 to $400,000 with an average funding of $5,000.00.

  • Number of Stewards The Union may designate one (1), but no more than one (1), xxxxxxx on each shift for each of the Employer's principal work areas from among those employees who work therein.

  • Number of Units and Designation A class of Partnership Preferred Units is hereby designated as “Class One Partnership Preferred Units,” and the number of Partnership Preferred Units constituting such class shall be Ninety Thousand (90,000).

  • Number of Holidays (The following clause is applicable to full-time employees only)

  • Designation and Number of Shares The shares of such series shall be designated as "Series A Participating Cumulative Preferred Stock" (the "Series A Preferred Stock"), and the number of shares constituting such series shall be 100,000. Such number of shares of the Series A Preferred Stock may be increased or decreased by resolution of the Board of Directors; provided that no decrease shall reduce the number of shares of Series A Preferred Stock to a number less than the number of shares then outstanding plus the number of shares issuable upon exercise or conversion of outstanding rights, options or other securities issued by the Corporation.

  • Adjustment of Number of Shares Upon each adjustment in the Warrant Price, the number of Shares of Series Preferred purchasable hereunder shall be adjusted, to the nearest whole share, to the product obtained by multiplying the number of Shares purchasable immediately prior to such adjustment in the Warrant Price by a fraction, the numerator of which shall be the Warrant Price immediately prior to such adjustment and the denominator of which shall be the Warrant Price immediately thereafter.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Clearcutting Units All trees that meet Utilization Standards within “Clearcutting Units” are designated for cutting.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!